Barclays Fires Back At SEC In Lehman Asset Dispute

Law360, New York (November 30, 2010, 6:52 PM EST) -- Barclays PLC has accused the U.S. Securities and Exchange Commission of doing an about-face in disputing the British bank's claim to about $1.3 billion in additional assets it said should have been included in its 2008 purchase of bankrupt Lehman Brothers Holdings Inc.'s business assets.

The bank filed a brief Monday in the U.S. Bankruptcy Court for the Southern District of New York following a lengthy trial over the sale, responding to SEC and Securities Investor Protection Corp. contentions that it should have to wait in...
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